4-Room HDB for Room Rent: 615B Edgefield Plains

In the current landscape of the Singapore HDB market, the assessed value of the 4-room HDB unit in Serangoon stands at an estimated $695,128, translating to a price per square foot (PSF) of $701. With a remaining lease of 84 years, this property is positioned favorably, benefiting from both the demand for housing in the Serangoon area and the overall stability of the HDB resale market.

The absence of a price difference from the baseline indicates that the valuation aligns closely with market expectations, reflecting a balanced equilibrium in demand and supply dynamics. This assessment is bolstered by a robust model confidence rating of 'High,' derived from a comprehensive analysis of 362 recent HDB resale transactions in the vicinity. Such a significant volume of data not only underscores the reliability of the valuation but also suggests that buyers are maintaining a steady interest in well-located properties with considerable lease duration.

• Property Type: 4-room HDB
• Location: Serangoon
• Remaining Lease: 84 years
• Estimated Value: $695,128 ($701 PSF)
• Market Signal: 0% difference from baseline
• Model Confidence: High
• Recent Transactions: 362